Roku Releases Third Quarter 2018 Financial Results

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RBC Capital Reiterates Outperform on Roku (ROKU) Following 3Q

November 8, 2018 8:17 AM EST

RBC Capital analyst, Mark Mahaney, reiterated an Outperform rating and $70.00 price target on Roku Inc. (NASDAQ: ROKU) following the company's 3Q earnings report.

Revenue of $173MM came in better than the Street's170MM, primarily driven by lower-quality Player Revenue. Adjusted EBITDA... More

Roku (ROKU) Tops Q3 EPS by 3c

November 7, 2018 4:07 PM EST

Roku (NASDAQ: ROKU) reported Q3 EPS of ($0.09), $0.03 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $173.4 million versus the consensus estimate of $169.08 million.

GUIDANCE:

Roku sees Q4 2018 revenue of $255-265 million, versus the consensus of $258.64... More